Speaking with The Globe and Mail, Alana Scotchmer, a partner in Gowling WLG's FSxT and Financial Services Regulation groups, weighed in on the growing risks posed by insider threats within Canada's banking sector. The article, published on October 5, 2025, examines the issue in light of recent news reports and statistics that have highlighted the broader challenges of insider risk management.
Scotchmer observed that how Canadian banks manage such insider risks—rare as they may be—can have serious reputational, regulatory, and financial implications, emphasizing that these institutions operate within one of the most highly regulated environments in the country.
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Financial Services Regulation Group
Gowling WLG's Financial Services Regulation Group advises
Canadian and international financial institutions on the full
spectrum of regulatory, compliance, and risk management matters.
Our team helps clients navigate complex regulatory frameworks,
engage with supervisory authorities, and manage the evolving
challenges of privacy, data security, and consumer protection in
the financial services sector.